Harshad Mehta was a stockbroker who manipulated the market with worthless bank receipts.
He created a massive stock bubble in the early 1990s, earning him the nickname of the Big Bull.
He exploited the loopholes in the Indian banking system and the Bombay Stock Exchange (BSE) transaction system
He was backed by eminent investors and had a large following of retail traders.
Harshad Mehta was a stockbroker who manipulated the market in 1992 using bank receipts.
Thick Brush Stroke
He was convicted of fraud and died in 2001. Some call him the 'Big Bull' of Dalal Street.
Red Section Separator
His legacy is a reminder of the risks and loopholes in the Indian financial system.